‘Arrogant’ Brighton fraudster sentenced over loans scam

‘Arrogant’ Brighton fraudster sentenced over loans scam A fraudster from Brighton was one of three men sentenced by a judge over a fake loans scam yesterday (Monday 29 April). Imaad Khan, 24, of Bedford Place, Brighton, was sentenced to nine months in prison, suspended for two years, at Hove Crown Court. Khan was also ordered to do 250 hours of unpaid community work, pay £1,560 in compensation and £2,500 in costs. He was banned from being a company director for the next seven years. He was found guilty on Tuesday 19 March of fraudulent trading by obtaining management fees from customers who were falsely told that they had been approved for a loan on favourable terms. In reality no loans had been approved or were likely to be approved. He was also found guilty of operating a business without a consumer credit licence.